Boldon Colliery Lease Extensions: Q and A’s

  • I own a leasehold flat in the Boldon Colliery area and was wondering if I could get a lease extension. What are your processes and charges. There are sixety seven years unexpired
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I am looking to purchase a garden flat in Boldon Colliery with a lease of fivety six years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My wife and I have a GFF located in Boldon Colliery. There is 80 years left on the lease and we want to extend the lease. How much will it likely cost to extend in this area by, say,fifty years
  • I am looking to buy a one bed flat in Boldon Colliery for asking price of 156k, which has fivety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 64 years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Boldon Colliery. Would you be able to help?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Boldon Colliery
  • I'm hoping for some advice with regard to extending the lease on my maisonette. I'll be looking to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good who specialises in lease extensions. Preferably nearby in Boldon Colliery?
  • We have a one bedroom apartment in Boldon Colliery with a lease of sixety one years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Boldon Colliery